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if john boehner were to call you, barak obama were to call you, our elected leaders in washington said ed, what should we do about this, what do you tell them? >> we have to have a long-term plan to cut our spending. investors need to get out of all their fixed income tax investors because when interest rates rise, it hurts them. i would tell all of the people who would call me, be very careful about fixed income. let's get our spending under control. >> rick: on the debt ceiling issue, if washington were to call you and say, what should we do? >> if washington wash was to call me and ask me, we would have to cut spending. no way to get out of it. >> rick: raising or inspect raising the debt ceiling? what's your opinion? >> we've got to raise the debt ceiling. we have no choice. >> rick: thank you very much. ed is managing partner at chapwood investment. good to see you. >> arthel: there is yet another new petition on the white house web site. the subject of this one, president obama's pick for treasury secretary jack lew. as you might know, he has a knack with his loopy john hancock.
if john boehner were to call you, barak obama were to call you, our elected leaders in washington said ed, what should we do about this, what do you tell them? >> we have to have a long-term plan to cut our spending. investors need to get out of all their fixed income tax investors because when interest rates rise, it hurts them. i would tell all of the people who would call me, be very careful about fixed income. let's get our spending under control. >> rick: on the debt ceiling...
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even though we've elected president obama by a majority, the question, aren't jobs a priority? julie, how do you tell those people that their lives matter, they're out of work. >> i think their lives do matter and i think they did vote and they voted to send a clear message that what the president's agenda was their presence versus the republicans, i wish the republicans would listen to that. >> i don't think that the american people's agenda is to stay unemployed, julie. i don't think the american people's agenda is to live off of the government dole. i think the american people want to be able to live their own dream and not have the big brother government take care of them, and not have the nanny state take care of them. and the bottom line, congress and the the white house, they do need to work together, but the white house needs to compromise as well. it's just not obama's way or no way at all and that's how it's been. >> jamie: i'm only saying yes he to my producer, they said the bottom line, that has to be the last word. ladies, thank you. >> thank you, jamie. >> jamie:
even though we've elected president obama by a majority, the question, aren't jobs a priority? julie, how do you tell those people that their lives matter, they're out of work. >> i think their lives do matter and i think they did vote and they voted to send a clear message that what the president's agenda was their presence versus the republicans, i wish the republicans would listen to that. >> i don't think that the american people's agenda is to stay unemployed, julie. i don't...
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obama is one of 17 american presidents to re-elected to a second term. if the reality what has happened so far. that reelection hasn't given him a lot of influence or power. whether the debt ceiling, gun control, fiscal cliff, his first nominee for secretary of state susan rice, republicans are here to remind him that they are significant opposition, number one. number two, their own foreign policy, they are trying to figure out a way in the wake of bush 43 to identify a foreign policy muscular foreign policy that is different than the democrats. i think a lot of this is feeding the controversy. >> gregg: fair enough. you also debunk the argument that hagel is not qualified. in doing so in part you are siding with some derision. another pentagon chief who was well qualified, does judgment trump experience? >> it's a fascinating point. don rumsfeld is one of the most brilliant people that i've ever met. there is no question about it. if you look at the first george w. bush administration and you look at the policies on iraq, you had a group of people who
obama is one of 17 american presidents to re-elected to a second term. if the reality what has happened so far. that reelection hasn't given him a lot of influence or power. whether the debt ceiling, gun control, fiscal cliff, his first nominee for secretary of state susan rice, republicans are here to remind him that they are significant opposition, number one. number two, their own foreign policy, they are trying to figure out a way in the wake of bush 43 to identify a foreign policy muscular...
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but the truth is, the president won re-election. he's entitled to name whatever adviser he wants to his cabinet unless that adviser is completely unfit to serve. you can't say i don't like the guy's policies. well then beat the president. beat the democrats in an election and then the republicans get to pick who runs what cabinet agency. >> christina, do you have any sense the white house feels the need to defend the president's picks? >> well, by nominating chuck hagel to be secretary of defense the white house is very much signalling it's ready for a fight with all the opposition not just from republicans but some democrats opposing hagel as well. so that's definitely signalling yes, they're willing to step up to the plate. but dana is right in this. it actually goes back to the point about republicans just wanting to challenge the president in any way. because if they're going to get attack from the right they need to say they opposed the president in everything he proposes. so that's going to be a lot of the bluster on this. but
but the truth is, the president won re-election. he's entitled to name whatever adviser he wants to his cabinet unless that adviser is completely unfit to serve. you can't say i don't like the guy's policies. well then beat the president. beat the democrats in an election and then the republicans get to pick who runs what cabinet agency. >> christina, do you have any sense the white house feels the need to defend the president's picks? >> well, by nominating chuck hagel to be...
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for the republicans what they have to do is let the 2012 election sort of drift away. the tea party influence appears to be waning as happens in these things. moveon.org, its influence waned after 2008 because they won. and i think the republican party will sort of come to grips with what it needs to do moving forward and we have some really smart people, jeb bush, marco rubio, chris christie, we've got a pretty strong bench, not kind of classic southern republican white guys. >> let me ask you this. the democrats won pretty much all over the map and in some places there were supposed to be gop pickups like the montana senate seat. is it time for republicans to become more diverse with hispanics, gay, people, women or the is the gop on the course to becoming oh livon? >> if they don't, they're on the course of becoming not just the minority party but a minor party which would not be a good thing. you're exactly right. those are exactly the attributes i think people who are behavioral republicans are looking for the traditional republican or the current republican party
for the republicans what they have to do is let the 2012 election sort of drift away. the tea party influence appears to be waning as happens in these things. moveon.org, its influence waned after 2008 because they won. and i think the republican party will sort of come to grips with what it needs to do moving forward and we have some really smart people, jeb bush, marco rubio, chris christie, we've got a pretty strong bench, not kind of classic southern republican white guys. >> let me...
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one of the characteristics we've seen of president obama since his re-election is he's confident in his own instincts and his ability to push his policies. i think because the american people have decidedly turned against that war as they had against the iraq war, there isn't much political downside for the president unless you have some catastrophic degradation of the situation in afghanistan that causes people to say, hey, wait a minute. this president's moving too fast. >> john, nice to see you this morning. thank you. >> you bet. >>> and once again, here's lester. >> erica, thanks. >>> the federal government says boeing's new 787 dreamliner is safe to fly even though there have been a series of well-reported problems with the cutting-edge aircraft model this week. it's a humiliating setback for boeing. we get the latest from correspondent tom costello. >> reporter: in san jose friday, the newest 787 dreamliner entered service for japan's nippon airways, the same airline which the same day also reported one of its 787s had developed a crack on a cockpit window. the latest in a string
one of the characteristics we've seen of president obama since his re-election is he's confident in his own instincts and his ability to push his policies. i think because the american people have decidedly turned against that war as they had against the iraq war, there isn't much political downside for the president unless you have some catastrophic degradation of the situation in afghanistan that causes people to say, hey, wait a minute. this president's moving too fast. >> john, nice...
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pg&e has tested rebuilt elect electrical lines and cut branches away from power lines. >>> 49ers say beware of scalpers selling tickets on the streets or outside of candlestick park. tickets bought from unsecure and urch official websites may be fake. they say don't pay with cash. use a credit card and verify the location of seats on a seating chart. keep in mind that a single ticket online costs between $130 to about $700. but of course, you can watch the game right here on channel 2 for the price of free. our coverage begins with playoff playbook at 4:00 p.m. today, followed by fox pregame show at 4:30. kickoff is just after 5:00. after the game, sports director mark ybanez hosts the point after. >>> about an hour from now, a public memorial is being held for the petaluma teenager who died after a new year's eve party in south lake tahoe. the body of 19-year-old alyssa byrne was found behind a snowbank last week. she had attended a music festival and police believe she may have been trying to get back to her hotel. the cause of her death is still under investigation, but the corone
pg&e has tested rebuilt elect electrical lines and cut branches away from power lines. >>> 49ers say beware of scalpers selling tickets on the streets or outside of candlestick park. tickets bought from unsecure and urch official websites may be fake. they say don't pay with cash. use a credit card and verify the location of seats on a seating chart. keep in mind that a single ticket online costs between $130 to about $700. but of course, you can watch the game right here on...
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. >> not only that all the people that the president talked about since won re-election. chuck hagel, john brennan. senator conquery. jack lew. >> men. >> they are all men, aren't they do they do have something in common. there is no talk about what women will repopulate the cabinet. we will lose hillary clinton. women are saying gosh, this is becoming all boy's club. that isn't what we were promised with president obama. laura ingraham had thoughts on the hypocrisy. >> the president made a big deal, big splash? 2004 we are not red, white, or blue united states of america. that was refreshing. beaten counting in washington. the president has got himself in trouble on his own, right? because he made such a big deal of well, we are diverse and have diversity. how about just have excellence. women black or gay or straight it doesn't matter. if they are excellent appointees and smart and knowledge being and can offer something to the american people isn't that what we deserve. >> >> who cares how many one legged is a is a who cares? whether they are impressive or not. >> if i
. >> not only that all the people that the president talked about since won re-election. chuck hagel, john brennan. senator conquery. jack lew. >> men. >> they are all men, aren't they do they do have something in common. there is no talk about what women will repopulate the cabinet. we will lose hillary clinton. women are saying gosh, this is becoming all boy's club. that isn't what we were promised with president obama. laura ingraham had thoughts on the hypocrisy. >>...